AxLabs senior software developers, Dr. Guilherme Sperb Machado and Claude Müller, recounted Neo’s history and detailed its next iteration in Crypto Outlook 2021, a Bitcoin Suisse publication. The article outlined how the Neo3 platform will offer the tooling to improve upon the developer experience in Neo2.

The team stated, “Neo3 will deliver a scalable platform with higher throughput, enhanced stability and security, an optimized smart contract system, and a feature-packed infrastructure set.”

Machado and Müller believe Neo3 will attract developers because of lower smart contract costs, performance improvements, and native oracles and distributed storage, among numerous other enhancements. To offer a comprehensive overview of the changes between Neo2 and Neo3, the AxLabs team included the following graphic:

Source: AxLabs

Looking forward, Machado and Müller anticipate that developer interest in the Neo blockchain and ecosystem will renew while paving the way for enterprise use cases. The team said, “Neo3 will certainly refine what was already good in Neo2 (i.e., dBFT), but, most importantly, focus on advanced features and improvements to bring blockchain to mass adoption.”

AxLabs is a Swiss-based developer community that built and maintains neow3j, a Java, Kotlin, and Android development toolkit for the Neo blockchain.

The full report can be found at the link below: